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DC1

Singapore, Singapore · Singapore market

DC1 is a data center project in Singapore, operated by Keppel DC REIT. It is operational. The operator has not published a capacity figure, and ArusGrid does not estimate one.

Latest change on record: entered the record as operational on 2 February 2026. Record last checked against its sources on 13 October 2026.

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Stage
Operational
Planned IT load
Not published
unstated
Running now
Not disclosed
Operators rarely publish this
Operator
Keppel DC REIT
Colocation
AI workloads
Unlikely
Evidence grade
Verified
Will it get built?Built7 of 7 gates passed
✓ Land secured✓ Power arranged✓ Approvals granted✓ Money committed✓ Tenant or own use✓ Builder appointed✓ Construction started

This project is built or running, so every gate counts as passed.

Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.

How Singapore approves, powers and taxes data centers is on Data center rules in Singapore.

Where it sits

Singapore holds 39 active projects with 874 MW of planned IT load between them, and DC1 has no published figure so it sits outside that ranking. Of those, 27 are operational, 3 are operational and expanding, 3 are under construction, 1 is past financial close and 5 are announced only. Published colocation vacancy in Singapore was 4.9% as of December 2025, on 1,043 MW of operational colocation capacity as counted by Cushman & Wakefield. Vacancy excludes hyperscaler self-build.

Keppel has 8 others in Singapore and 1 project elsewhere in the dataset tracked by ArusGrid, including Keppel DC SGP 11, Jurong Island (DC-CFA2), Keppel Floating Data Centre and Keppel DC Singapore 1. It sits on the DC1 campus. Named funding comes from Keppel DC REIT on the equity side. The named user of the compute is 1-Net Singapore (Mediacorp subsidiary) (reported, unconfirmed).

The stage was recorded as operational on 2 February 2026.

Grid power for a large industrial user in Singapore costs about US$0.20 per kWh as of July 2026, the country figure ArusGrid applies where a site has no published rate. The US export control position for advanced AI chips in Singapore, as of 27 September 2026, is recorded as “No US destination-based licence requirement as enforced”. ArusGrid holds 2 public sources for this project, the latest dated 23 July 2026, and last checked the record on 13 October 2026.

How well evidenced is it

Running capacity. The site is operational or expanding. The rules are fixed and published on the Methodology page.

Named funderYes
Disclosed client (reported)Yes
Committed or approved capitalNo
Dated, sized phaseNo
Three or more sourcesNo
Dated source in the last 24 monthsYes

AI workloads

StatusUnlikely

Single tenant facility completed 2016. Tenant not named and no liquid cooling or GPU deployment disclosed.

Access to AI chips

GradeNo US licence required

This country carries no US destination-based licence requirement for advanced AI chips as the rules are enforced today. Access is a commercial matter between the project and its vendors. Criteria are published on the Methodology page.

US licence required for this destination as enforcedNo
A party headquartered in China or Macau on the projectNo
Country-level export frameworkNo
A party named in a government authorisationNo
US approved operator or confirmed client on the projectNo
Named chip-vendor partnershipNo

No US destination-based licence requirement as enforced · No US destination-based licence requirement as enforced (2026-09-27) source

Stage history

2026-02-02Operational · keppel.com

Who is behind it

OperatorKeppel DC REIT · Colocation
Funder, EquityKeppel DC REIT

Who uses the compute

Tenant · enterprise1-Net Singapore (Mediacorp subsidiary) · reported, unconfirmed

Whole building, triple-net master lease, ~17 years remaining at Sep 2019, WALE 10.3 years at Dec 2025 · as of 2019-09-16

Keppel DC REIT's SGX acquisition announcement names the asset '1-Net North DC' on a triple-net master lease with ~17 years remaining and FY2025 results show DC1 as single-tenant at 100%; Mingtiandi's same-day report says the lessee is a subsidiary of Mediacorp (1-Net Singapore). The filing itself does not print the tenant's name, so this stays reported.

Source · Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals (Mingtiandi, 2019-09-16)

Source · Keppel DC REIT announces two data centre acquisitions in Singapore and launches equity fund raising (Keppel DC REIT via SGXNet, 2019-09-16)

Colocation price per kW of IT load per month

The published band for Singapore is too wide to say anything useful about this building (range wider than half its midpoint, withheld), so no estimate is shown. The band itself is on the Colo prices page.

Land
LandlordJTC Corporation · leasehold · Dec 2025 Reported source ↗
Leasehold expiring 31 Jul 2044

Sources checked 2026-10-13

  1. Keppel DC REIT FY 2025 Results Presentation (Keppel DC REIT, 2026-02-02)
  2. Keppel DC REIT 1H 2026 Financial Results (Keppel DC REIT, 2026-07-23)

More in Singapore

Also run by Keppel

Planned MW is IT load, the power available to servers, unless marked otherwise. Running capacity is rarely published, so a missing figure means undisclosed. Definitions, sourcing standards and evidence rules are on the Methodology page. Data is CC BY-NC 4.0. Corrections go to corrections@arusgrid.com. Dataset updated 2026-10-18.